GDP

This tag is associated with 11 posts

Europe – The recession is really a depression

Eurozone GDP still hasnt gotten back to its 2007 level, and doesnt look like it will anytime soon. Indeed, it already wasnt clear if its last recession was even over before we found out the eurozone had stopped growing again in the second quarter. And not even Germany has been immune: its GDP just fell 0.2 percent … Continue reading

UK – The recovery is over as the comes economy back at pre-crisis level

Key points (ONS) Change in gross domestic product (GDP) is the main indicator of economic growth. GDP increased by 0.8% in Q2 2014, the second consecutive quarter on quarter increase of 0.8%. Output increased in two of the four main industrial groupings within the economy in Q2 2014 compared with Q1 2014. In order of … Continue reading

China vs US- On the basis of purchasing power parity, China’s economy is bigger

On Wednesday, the International Comparison Program, a statistical project coordinated by the World Bank, announced new data on the size of economies by purchasing power parity that suggests China’s economy is bigger than previously thought. But the latest news is anything but surprising.  Regular GDP power rankings are compiled by converting a country’s gross domestic product into … Continue reading

US / Okun’s Law says the economy is well below its potential

The basic logic that underlies Okun’s law has proven to be robust over the decades Continue reading

China / Only 30% of the world now has a higher GDP per capita

China’s economic achievement is so enormous, indeed literally without parallel in human history, that it is sometimes difficult for people to take in its scale. A country which in 1978, when “reform and opening up” was launched, was one of the poorest in the world, has now reached a point where it has a higher … Continue reading

The effect of population growth on per capita GDP growth is negative in developing countries | Minh Quang Dao

Based on data from the World Bank and using a sample of forty-three developing economies, the author finds that the growth rate of per capita GDP is linearly dependent upon population growth, both the young and old dependency ratios, the mortality rate. Continue reading

China – Growth rate slowed for a sixth successive quarter

China’s growth rate slowed for a sixth successive quarter to its slackest pace in more than three years, highlighting the need for more policy vigilance from Beijing even as signs emerge that action taken so far is beginning to stabilize the economy. Year-on-year growth of 7.6 percent in the second quarter was a whisker above … Continue reading

Factory, income data support growth outlook | Reuters

The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to underlying strength in the economy. Gross domestic product expanded at a 3 percent annual rate, the quickest pace since the second quarter of 2010, the Commerce … Continue reading

Signs of UK recovery may be exaggerated | Business | The Guardian

The GDP data revealed a worrying 5.6% decline in business investment in the last quarter of 2011 Let’s hope the euphoria that greeted last week’s economic data lasts longer than the cheers England’s footballers can expect this summer when the European championships get underway. There is nothing more traditional than football supporters putting hope ahead … Continue reading

Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD

Provisional estimates show that quarterly gross domestic product (GDP) growth in the OECD area decelerated sharply to 0.1% in the fourth quarter of 2011, against 0.6% in the third quarter. Source: oecd.org  Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD.

Germany | Economy Shrinks in Fourth Quarter: Confident Downturn Will Be Brief – SPIEGEL ONLINE – News – International

The German economy shrank by 0.2 percent in the fourth quarter of 2011, as the euro crisis began to bite. But the contraction was less than expected, and economists expect Germany to avoid the recession plaguing many countries in the euro crisis. Leading indicators point to a resumption of growth by mid-2012. The German economy, … Continue reading

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